Watch our recent webinar to learn the advantages of three Confirmation Application Programming Interfaces (API) offerings, including improved efficiency, security, and scalability.

This webinar was hosted by Mohamad Khanafer, Senior Product Manager and API lead at Thomson Reuters Confirmation. His experience includes regional and global integrations with financial institutions, accounting firms, and third-party applications.

You’ll hear about success stories from banks that have implemented these APIs, achieving significant reductions in workload and response times. The presentation concludes with an explanation of the integration process and how interested parties can get started with Confirmation API implementation.

About Confirmation
Confirmation has more than 4,500 banks in our network and supports 11 languages worldwide. More than 150 banks use Confirmation APIs to automate their workflows and save time.

Security Standards
Confirmation exceeds industry security standards and maintains a commitment to compliance with audit and technology regulatory bodies. The company undergoes annual SOC 1 and SOC 2 audits and multiple penetration tests per year. Plus, Confirmation has a dedicated team to assist with security reviews and answer any security-related questions.

Single Sign-On (SSO)
Single Sign-On (SSO) is an easy-to-implement solution that allows users to access Confirmation using their internal login credentials. You’ll enjoy an improved user experience, better control over access to data, and compliance with regulatory requirements. SSO can be implemented in under a day and is compatible with various identity management systems.

AutoProcess API
The Confirmation AutoProcess API allows you to receive requests sent to your financial institution, map to internal client identifiers and securely send responses back to auditors. This automation dramatically reduces workload, improves accuracy, and helps you meet client SLAs more effectively.

Did you know? 26% of all Confirmation requests worldwide are currently auto-processed.

One bank that adopted AutoProcess API reduced response time by 29% despite doubling their request volume, and another bank reduced workload by 74%.

Interactive Brokers achieved a 94% auto-confirm rate with a response time of less than a day, handling 52% more requests without adding staff.

Learn how much time and money you could save with our interactive Return on Investment calculator >

Reporting API
The Reporting API allows banks to use Confirmation as a data source for custom reports and analytics. It can provide data for up to 31 days at a time and can be integrated with tools like Tableau or Power BI for real-time dashboards. It enables the ability to download completed confirmation receipts for data retention and compliance purposes.

Integration Process and Support
The integration process for Confirmation APIs is streamlined, and can include a documentation review, technical discussions, sandbox testing, and production deployment. We provide a dedicated team of consultants to assist throughout the integration process and specialized customer support for API-specific issues.

Contact us today if you’re interested in a personalized demo, technical implementation consultation or just to ask some questions!

Request a demo today